RESO CC 05/01/1973 - Building agreement - Walker-Byrd RESOLUTION
WHEREAS, the City of Huntsville, Texas , a municipality,
pursuant to Section 14. 14 of the Charter of the City of Huntsville,
Texas , the City Council of the said City has caused to be advertised
in the official newspaper of the City for two consecutive weeks a
request for bids for the sale of certain real estate located in the
Warren Birdsell Survey, A-6 , Walker County, Texas , and in response
thereto WALKER-BYRD BUILDING MATERIAL, INC. submitted a bid for such
real estate in the amount of $201, 888. 99 , which bid was the high
bid received by the said City and after consideration by the City
Council of the City of Huntsville, said Council desires to accept
said bid and to enter into a contract of sale with WALKER-BYRD
BUILDING MATERIAL, INC.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Huntsville, Texas , that the bid of WALKER-BYRD BUILDING
MATERIAL, INC. for the purchase of 15. 769 acres of real estate in
the Warren Birdsell Survey, A-6 , in Walker County, Texas , belonging
unto the said City in the amount of $201, 888.99 be accepted and be
it further RESOLVED that the Mayor of said City be authorized to
enter into a contract of sale covering such real estate providing
that such sale shall be consumated on or before 90 days from the
date hereof with said contract to contain provisions for the deposit
of $5 ,000. 00 earnest money by WALKER-BYRD BUILDING MATERIAL, INC, and
to be applied to the total purchase price, said contract to be en-
forceable by specific performance by either party if not consumated
within said 90 day period, with said City to furnish an Owner' s
Title Insurance Policy insuring good and indefeasible title and
that the Mayor of the said City be further authorized to execute
and deliver a deed of conveyance to said property upon delivery of
the balance of the purchase price by WALKER-BYRD BUILDING MATERIAL,
INC.
WHEREUPON, said Resolution was duly made and seconded and
passed by unanimous vote on the day of May, A. D. , 1973, and
in witness whereof the Mayor and the City Secretary of said City
have hereunto set their hands and caused the seal of the City to
be affixed hereto.
THE CIITT,Y, OF HUNTSVILLE, TEXAS
BY
ATTEST:
MORRIS I. WALLER, Mayor
G
City Secretary